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Other non-current financial liabilities
 12 Months Ended
Mar. 31, 2024
Subclassifications of assets, liabilities and equities [abstract]  
Other non-current financial liabilities Other non-current financial liabilities
(EUR thousand)As of March 31
Other non-current financial liabilitiesNote20242023
Put options related to acquisitions1,830 3,596 
Liabilities related to share-based payment transactions25188 2,373 
Lease liabilities non-current1314,774 10,243 
Other non-current liabilities172,512 2,599 
Total19,304 18,811 
The other non-current liabilities relate to a pension liability plan in Sweden and the corresponding revaluation; for further details please refer to Note 17.
Put options related to acquisitions
(EUR thousand)For the financial year ended March 31
Put options related to acquisitionsNote20242023
Opening balance as of April 14,390 15,419 
Changes in fair value recognized in income statement1,210 (10,472)
Exercise of options31(2,422)— 
Exchange differences131 (557)
Closing balance as of March 313,309 4,390 
Non-current portion1,830 3,596 
Current portion311,479 794 
As of March 31, 2024 the put options comprise of EUR1.5 million and EUR1.8 million related to the acquisitions of ZigZag and Yocuda respectively.
The fair value of the put options was derived using an option pricing methodology (Monte Carlo simulations) based on projected revenue or gross profit distribution (depending on the business acquired) and is categorized as Level 3 within the fair value hierarchy due to unobservable inputs utilized in the valuation. The main driver for the valuation of the put options in both cases is the underlying business plan. The top and bottom 5% of extreme values have been excluded from the calculations.